If you haven`t bought CZR before the previous earnings:
Then analyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $1.35.
If these options prove to be profitable prior to...
After the break and back-test of 39.20, staying Short below this level into the 0.786 retracement of 6.96 -> 120.00 . Looking to close the short, and open into a Long if successful, also at the 0.786 retracement.
In the event of a Stop Loss Trigger, the 0.886 retracement will be looked at as an area of entry with good variables.
If you haven`t bought the dip on CZR:
Then analyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 40usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximately $3.75.
If these options prove to be profitable prior to the...
45 seems to be a major point of contention for Ceasar's but I fear the pain here may not be done and that we may probe below 40. Broader growth and discretionary stocks are also worrying me right now in the short term and CZR may underperform given the backdrop.
Analyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 39usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $2.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
CZR looks bearish again.
The price created lower highs which is a sign of the distribution and we've already seen a bearish breakdown.
No edge on CZR yet even though RSI is oversold. We may see a small bounce but the level which we consider as an entry for a long position is 40,30 $.
Target: 49 -50 $
Stop loss: 39,89
Do you agree?
Analyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 58usd strike price at the money Calls with
an expiration date of 2023-8-4,
for a premium of approximately $1.86.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Company: Caesars Entertainment Inc.
Ticker: CZR
Exchange: NASDAQ
Sector: Consumer Cyclical
Introduction:
In this analysis, we're looking at Caesars Entertainment Inc. (CZR) on the NASDAQ. The weekly chart is showing signs of a potential bullish reversal following a prior downward trend.
Previous Trend and Reversal Pattern:
The previous trend for CZR was...
Considering the weekly chart (medium term time frame), CZR appears to be in the process of developing an ascending triangle formation. Clearing the overhead resistance at $57 paves the way for a gap close at 59.30 and potentially a move to $64, followed by $67. The momentum indicators also support a bullish structure with both the 7 and 14-week RSI's emerging from...
Trading is simple. so don’t make it complicated.
everything is on the chart.
around 18% for first target and 42% for second target.
the most important :
1.In the breakout we would like to see a high trading volume
2. Retest maybe will come few days or a week after the breakout, don’t let it shake you out.
3. If breakout fails with huge volume - get out with small...
Travel stocks have climbed recently, and now Caesars Entertainment could be showing signs of strength.
The first pattern on today’s chart is the falling trendline along the highs of February, March and mid-June. The casino operator pushed above it at the end of the last quarter and returned there on Monday. Further upside from here could make traders think...
Casino stocks looking heavy. Wouldn't be surprised to see this get cut in half if this triangle breaks down. Death cross recently & hard rejection off the 50 sma today. Good short against $47 imo.
I entered a long trade on CZR as it was reported that Nevada Casinos had a record 18% gaming win growth in January and Macau gaming revenue rose 33% in February.
Price had also crossed the resistance line of 51 and if it goes well should continue it's move up the range to 56.42
Whats The Plan/Trade/Thought
We have to adopt a Range market stance. When markets...
Whats The Plan/Trade/Thought
We have to adopt a Range market stance. When markets are going up with optimism, we will peg categories with strong fundamentals and a growth story as that will be where money will flow into.
Also if sentiment turns to fear, these strong categories with a growth story should be able to weather the fear sentiment better than...
